Bridging the gap between the 'Big Four Banks' and everybody else, the St. George Amplify Signature Visa is your ticket to earning up to 0.825 Qantas, Virgin Australia, Singapore Airlines or Malaysia Airlines frequent flyer points per dollar spent, but with the backing of Westpac behind the scenes to keep things running smoothly.
Cardholders can either opt-in to earn Qantas Points automatically every month or can pile up points in the Amplify Rewards program before manually converting them into frequent flyer points with those other airlines, with 90,000 Qantas Points or 90,000 Amplify points on the table for eligible new customers. You'll also score a reduced card fee of $179 in the first year.
St. George Amplify Signature card: fast facts
- Grade/tier: Black
- Card type: Visa Signature
- Loyalty program: Amplify Qantas or Amplify Rewards
- Qantas Points earned per A$1 spent: 0.75 at home (0.825 including a 10% 'birthday bonus')
- Amplify Rewards points earned per A$1 spent: 1.5 (1.65 with 'birthday bonus')
- 1.65 Amplify Rewards points = 0.825 Velocity Points, 0.825 Singapore Airlines KrisFlyer miles or 0.825 Malaysia Airlines Enrich miles
- Points capping/tiering: None
Amplify Signature: fees, charges and interest
- Annual fee: $279 ($179 in the first year)
- Additional/supplementary cardholder fee: $0
- Interest rate on purchases: 19.49% p.a.
- Interest-free days on purchases: Up to 55
- Interest rate on cash advances: 20.24% p.a.
- International transaction fee: 3.0%
- Minimum income requirement: No defined minimum
- Minimum credit limit: $15,000
Earning points for free flights: 3.5/5
St. George's Amplify Signature card comes with no points capping or tiering: so regardless of how much you spend each month or year, you'll keep earning the same number of points on every dollar charged to the card.
There's also a nifty 10% 'birthday bonus' each year which looks at your spending for the past 12 months (or part-year for new applicants) and awards a boost of 10% more points as you celebrate your special day.
Including that boost and when converting your points to Virgin Australia Velocity, customers can earn enough points to book a one-way Sydney-Melbourne flight in economy after spending $9,455 using Velocity's current reward rates.
Via Qantas, you'd need to spend $9,697 to achieve the same, as although the card's frequent flyer earning rate per dollar spent remains the same for both airlines, Qantas commands slightly more points than Velocity to book flights on this route.
What's more, apply by October 2 2018 and spend at least $4,000 on the card within 90 days of approval and you'll fetch a bonus 90,000 Qantas Points or 90,000 Amplify points (equal to 45,000 Velocity points).
The bonus depends on the reward program you choose, so to earn the highest number of bonus frequent flyer points, Amplify Qantas is the best bet.
Airport lounge access: 2.5/5
Cardholders receive two free airport lounge visits each year, tailored to their choice of rewards program.
Members earning points via Amplify Qantas receive two complimentary Qantas Club passes after registering via the St. George website...
... which can be used in domestic Qantas Clubs and Qantas-operated international business class lounges whenever travelling with Qantas or Jetstar, with the exception of the Qantas/Oneworld Business Lounge in Los Angeles.
Alternatively, Amplify Rewards members can net a free Priority Pass membership with two lounge visits included, after which they can continue using their Priority Pass card to access participating lounges at a cost of US$27 per visit.
Free insurance coverage: 4.5/5
As with most above-Platinum credit cards international travel insurance comes as part of the parcel: activated on a per-trip basis by charging at least $500 worth of travel costs to the card before leaving Australia and when holding a return ticket for trips of six months or less.
Those travel costs can be your return airfare, airport/departure taxes, pre-paid hotel stays during the trip or pre-paid 'overseas itinerary items'.
Essentially, that gives you the flexibility to book your international flights using frequent flyer points rather than cash, provided you still charge >A$500 worth of eligible costs to the Amplify Signature card before jetting off.
Also thrown in is extended warranty cover, purchase and price guarantees on eligible purchases, interstate flight inconvenience insurance, transit accident insurance and rental vehicle excess insurance in Australia.
St. George Amplify Signature: how it compares
If frequent flyer points are your goal, the St. George Amplify Signature card is one of the few Visa/Mastercard products to remain uncapped and un-tiered following the RBA's cuts to credit card 'interchange fees', with an earn rate of up to 0.825 airline frequent flyer points wherever Visa is accepted for purchases.
While it's a shame that bonus points on international transactions are no longer offered, the earn rate within Australia remains competitive in the current climate.
What's more, with 90,000 Qantas Points or 90,000 Amplify points up your sleeve simply by applying and meeting the spend criteria, you'll be well-placed to book your next business class flight using points.